What Is NRAS?
The National Rental Affordability Scheme (NRAS) is a government backed incentive program targeted exclusively at residential property investors to encourage investment in new rental properties. NRAS was launched by the Government to limit the affordability effects of WA’s looming housing shortage through an incentive to bring new homes to market quickly, and in high rental demand areas.
As an established development company with land holdings in Perth’s key growth areas, Yaran Property Group were selected as the premier supplier of NRAS investment properties in Western Australia.
The NRAS incentive
The NRAS incentive is tax free (currently $9,524 per year) and paid annually over 10 years to the investor. It is linked to Rental CPI and set to increase each year. At the end of the 10 years The NRAS totals to over $115,000 (assuming a CPI growth of 4.2%).
*Figures based on 2011 statistics, subject to change. Rental CPI assumed at 4.2%. Rental assumptions based on 2011 rental CPI rates.
Benefits of investing with NRAS
Cash Flow Positive Investment
The tax free NRAS incentive means properties have a
high potential to become cash flow positive within the first year.
Find out more about cash flow positive investments.
Negative Gearing tax Benefits
Investors leverage an increased tax benefit
associated with negative gearing whilst also earning
the additional tax free NRAS incentive every year for 10 years.
Full Turnkey Investment Properties
Yaran NRAS approved properties are located in key locations around Perth metro and South West WA.
They are finished to a high quality with a range of turnkey features; including air conditioning,
landscaping, wall and floor coverings, window treatments, stainless steel appliances and granite benchtops throughout.
Find out more about our full turnkey features.
Fully Flexible
While the government are locked in for the full 10 years, you aren’t!
As the owner of a private rental property, you can sell it at any time… or even move in!*
*NRAS will no longer apply on the property
Government Backed Incentive
NRAS is governed by The National Rental Affordability Scheme Act 2008
so investors can be confident that the incentive will be paid for the full 10 years, regardless of changes in government.
Read the Government’s NRAS Fact Sheet for investors.
Want to know more about NRAS?
Send us your details and one of our NRAS experts will contact you shortly. Or register for a Free NRAS Information Seminar.
Related Links
Cash Flow Positive Investments
General Advice Warning
The information contained in this website is of a general nature, provided as a guide only, and should be confirmed by potential investors prior to making any decisions. The information hereby provided does not take into account your specific personal objectives, financial situation or needs.
All potential investors should obtain independent financial, legal and taxation advice and consider all risks before making any decision about investing. While every effort has been made to verify the information provided, no warranty is given as to the accuracy thereof and no liability is accepted for any errors or omissions in information obtained from third parties.